Mr. Gerald Panneton reports

GOLD TERRA ANNOUNCES 2025 ANNUAL GENERAL AND SPECIAL MEETING RESULTS AND CORPORATE UPDATE

All matters submitted to the shareholders for approval as set out in Gold Terra Resource Corp.'s notice of meeting and information circular, which were mailed to shareholders in connection with the meeting, were approved at the company's annual general and special meeting held in Vancouver, B.C., on June 4, 2025.

The shareholders elected Gerald Panneton (chair), Paul Bonneville, Patsie Ducharme, Laurie Gaborit and Hellen Siwanowicz as directors of the company for the forthcoming year.

Shareholders approved the reappointment of Dale Matheson Carr-Hilton Labonte LLP, chartered professional accountants, as the auditor of the company for the ensuing year, with its remuneration to be fixed by the board of directors.

Shareholders also approved the company's 10-per-cent rolling stock option plan. Currently, there is only less than 25 per cent of the plan (or less than 10 million stock option) being used to attract and keep talented employees and consultants. The company stock option plan does not have any option pricing below 10 cents.

2025 exploration update

In 2025 to date, Gold Terra has realized the following important milestones:

• Wedge hole GTCM25-056A on the Con mine option property has confirmed the presence of the Campbell shear at a vertical depth of 2,580 metres below surface (see May 25, 2025, press release);
• Recently completed a private placement of $2.4-million;
• Closed a $2-million payment on the first tranche with an early exercise by Osisko Royalties, a strong endorsement of Gold Terra's gold potential in the Yellowknife region.

For the remainder of the year, Gold Terra is preparing for its next round of drilling targeting the Campbell shear between surface and 1,000 metres below surface and preparing to explore the Campbell shear south and north of the town of Yellowknife.

For current resource estimates, please refer to the Oct. 21, 2022, technical report, titled "Initial Mineral Resource Estimate for the CMO Property, Yellowknife City Gold Project, Yellowknife, Northwest Territories, Canada," with an effective date of Sept. 2, 2022, by qualified person Dr. Allan Armitage, PhD, PGeo, SGS Geological Services, which can be found on the company's website and on SEDAR.

The technical information contained in this news release has been reviewed and approved by Joseph Campbell, a qualified person as defined in National Instrument 43-101, Standards of Disclosure for Mineral Projects, and senior technical adviser for the company.

About Gold Terra Resource Corp.

The Yellowknife project encompasses 918 square kilometres of contiguous land immediately north, south and east of the city of Yellowknife in the Northwest Territories. Through a series of acquisitions, Gold Terra controls one of the six major high-grade gold camps in Canada. Being within 10 kilometres of the city of Yellowknife, the Yellowknife project is close to vital infrastructure, including all-season roads, air transportation, service providers, hydroelectric power and skilled tradespeople. Gold Terra is currently focusing its drilling on the prolific Campbell shear, where approximately 14 million ounces of gold have been produced (refer to Gold Terra's Oct. 21, 2022, technical report), and most recently on the Con mine option (CMO) property claims immediately south of the past-producing Con mine, which produced 6.1 million ounces between the Con, Rycon and Campbell shear structures (1938 to 2003).

The Yellowknife project and the CMO property lie on the prolific Yellowknife greenstone belt, covering nearly 70 kilometres of strike length along the main mineralized shear system that hosts the former-producing, high-grade Con and Giant gold mines. The company's exploration programs have successfully identified significant zones of gold mineralization and multiple targets that remain to be tested; this reinforces the company's objective of re-establishing Yellowknife as one of the premier gold mining districts in Canada.

We seek Safe Harbor.